5 The Avenue, Pareora, Timaru

Located in the serene township of Pareora, Timaru, 5 The Avenue is a charming family home boasting 3 bedrooms and a modern kitchen equipped with gas cooking, a dishwasher, and a large pantry. The property spans a generous floor area of 105 square meters on a substantial 1222 square meter freehold land. The exterior features roughcast walls in good condition and an iron roof in average condition, reflecting its 1970s construction. Comfort is a priority with a logfire and a heat pump for heating, complemented by gas hot water. The home offers a spacious bathroom with a bath, stand-alone shower, and separate toilet. Outdoors, the level property contour provides a sunny private deck, large flat section with sheds, and a double garage with automatic doors, creating a tranquil space for relaxation and entertainment.

Over the past few years, the capital value of this property has seen a significant increase, from $335,000 in September 2020 to $425,000 in September 2023, marking a 26.87% growth. The latest sale in October 2023 recorded a price of $420,000, up from $225,000 in May 2013. The HouGarden AVM estimates the property's value at $407,500, indicating its desirability and investment potential.

The property is well-positioned within excellent school zones, including St Andrews School (Timaru) and St Joseph's School (Timaru) for Full Primary education, and Craighead Diocesan School and Roncalli College for Secondary education, with decile ratings ranging from 4 to 9. This home offers a perfect blend of comfort, convenience, and educational opportunities, making it an ideal choice for families.

Updated on April 06, 2024.